Holding(s) in Company

RNS Number : 5553E
City of London Investment Group PLC
28 October 2022
 

28 October 2022

CITY OF LONDON INVESTMENT GROUP PLC

("City of London", "the Company")

 

Holding(s) in Company

 

City of London (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products investing primarily in closed-end funds, announces that the Company's Employee Benefit Trust purchased 82,746 ordinary shares of 1p each on 26 October 2022 at a price of £3.50 per share. 

 

Following these purchases, the Trust holds 1,773,258 ordinary shares in the Company representing 3.5% of the Company's issued capital, of which 1,011,398 (2.0% of the Company's issued capital) is held in custody for employees under the terms of the Employee Incentive Plan (EIP).

 

For further information, please contact:

 

Tom Griffith, CEO

City of London Investment Group PLC

Tel: 001-610-380-0435

 

Martin Green

Zeus Capital Limited

Financial Adviser & Broker

Tel: +44 (0)20-3829-5000

 

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